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Real Estate Prices & Overview

SW Sheridan Rd / SW E Ave median real estate price is $96,899, which is less expensive than 89.6% of Oklahoma neighborhoods and 95.6% of all U.S. neighborhoods.

The average rental price in SW Sheridan Rd / SW E Ave is currently $1,319, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.5% of Oklahoma neighborhoods.

SW Sheridan Rd / SW E Ave is a suburban neighborhood (based on population density) located in Lawton, Oklahoma.

SW Sheridan Rd / SW E Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the SW Sheridan Rd / SW E Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in SW Sheridan Rd / SW E Ave. The current real estate vacancy rate here is 31.1%. This is higher than the rate of vacancies in 95.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Lawton, the SW Sheridan Rd / SW E Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the SW Sheridan Rd / SW E Ave neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 82.6% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

An extraordinary 27.3% of the residents of the SW Sheridan Rd / SW E Ave neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, one of the unique characteristics of the SW Sheridan Rd / SW E Ave neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.3% of the neighborhoods in America.

Also, the SW Sheridan Rd / SW E Ave neighborhood stands out within Oklahoma for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 6.6% of college-friendly places to live in OK.

Modes of Transportation

In the SW Sheridan Rd / SW E Ave neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 26.1% of commuters carpool here, which is more than in 97.6% of all U.S. neighborhoods.

Occupations

There are more people living in the SW Sheridan Rd / SW E Ave neighborhood employed as sales and service workers (60.5%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 31.1% of the residential real estate vacant, the SW Sheridan Rd / SW E Ave neighborhood claims the distinction of having a higher vacancy rate than 95.2% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Diversity

Did you know that the SW Sheridan Rd / SW E Ave neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.8% of this neighborhood's residents have Native American ancestry.

SW Sheridan Rd / SW E Ave is also pretty special linguistically. Significantly, 2.9% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the SW Sheridan Rd / SW E Ave neighborhood in Lawton are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.3% of U.S. neighborhoods. With 42.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.7% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the SW Sheridan Rd / SW E Ave neighborhood, 39.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.1%), and 16.5% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the SW Sheridan Rd / SW E Ave neighborhood is English, spoken by 85.6% of households. Other important languages spoken here include Spanish, Polish and Native American languages.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the SW Sheridan Rd / SW E Ave neighborhood in Lawton, OK, residents most commonly identify their ethnicity or ancestry as Irish (11.1%). There are also a number of people of German ancestry (10.8%), and residents who report Mexican roots (10.7%), and some of the residents are also of Native American ancestry (6.8%), along with some English ancestry residents (5.3%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in SW Sheridan Rd / SW E Ave neighborhood spend under 15 minutes commuting one-way to work (82.6% of working residents), one of the shortest commutes across America.

Here most residents (64.5%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (26.1%) and 7.9% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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